---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-035866"
form_type: "8-K"
ticker: "CTRN"
cik: "0001318484"
company_name: "Citi Trends Inc"
filed_at: "2024-03-19T23:59:59+00:00"
generated_at: "2026-06-04T12:57:28.141446+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Citi Trends Q4 sales $215.2M, EPS $0.42; FY2023 net loss $12.0M; guides FY2024 mid-single digit comp growth

## Summary
- Q4 total sales $215.2M (+2.7% YoY, extra week $11.2M); comp sales -1.5%; diluted EPS $0.42 ($0.53 adjusted).
- Full year sales $747.9M (-5.9% YoY); net loss $12.0M; adjusted net loss $10.5M; inventory +23% YoY.
- FY2024 outlook: mid-single digit comp growth, gross margin +75-100 bps, EBITDA $4-10M, capex ~$20M.
- Ended FY with $79.7M cash, no debt, $75M credit facility undrawn; $50M share repurchase authorization remains.
- Plans to open 5 stores, remodel 40, close 10-15; ending FY2024 at ~595 stores.

## SEC filing metadata
- accession: 0001104659-24-035866
- form_type: 8-K
- ticker: CTRN
- cik: 0001318484
- company_name: Citi Trends Inc
- filed_at: 2024-03-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1318484/000110465924035866/0001104659-24-035866-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318484/000110465924035866/tm244439d4_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-035866
- JSON: https://secwatch.observer/filing/0001104659-24-035866.json
- Plain text: https://secwatch.observer/filing/0001104659-24-035866.txt

## Key facts
- Earnings Releases
  Citi Trends Inc updated its the fourth quarter and full year ended February 3, 2024 guidance (initiated).
  - Period: the fourth quarter and full year ended February 3, 2024
  - Guidance: initiated
  - Result: reported results
  source text: On March 19, 2024, the Company issued a press release reporting its financial results for the fourth quarter and full year ended February 3, 2024 and its outlook for fiscal year 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318484/000110465924035866/0001104659-24-035866-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.